Quote:
Originally Posted by Osem
It's certainly beneficial to our pension schemes, the value of which has been going up after the dramatic falls at the time of the financial crisis. Of course, that's all despite Brexit not because of it.  |
Yes so long as you have limited exposure to the UK. In the immediate aftermath of Brexit my pension increased in value because of the drop in the pound. Again if the market is in the US then the fall in the pound means those dollars buy more pounds - the GBP value will increase.
It's not all one-way though you can't keep seeing your pension gain because of that because the increased value will be eroded away by the subsequent inflation.